Rania Gule, Market Analyst at XS.com, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/raniagule/ Business News Sat, 09 Sep 2023 07:42:14 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Rania Gule, Market Analyst at XS.com, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/raniagule/ 32 32 The EUR/USD is heading for more losses amid global factors and events https://londonlovesbusiness.com/the-eur-usd-is-heading-for-more-losses-amid-global-factors-and-events/ Sat, 09 Sep 2023 07:42:14 +0000 https://londonlovesbusiness.com/?p=142449 The Euro to US Dollar exchange rates were trending lower on Friday, with the dollar continuing its path to achieve its longest weekly winning streak in nine years during Friday’s…

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]]> Bitcoin price expectations: Drop could reach $20,000 for this reason https://londonlovesbusiness.com/bitcoin-price-expectations-drop-could-reach-20000-for-this-reason/ Thu, 07 Sep 2023 12:06:26 +0000 https://londonlovesbusiness.com/?p=142358 Bitcoin prices are currently in an extremely volatile state, with the price still slightly above the weak support around the $25,000 region. A breach of this support could lead to…

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]]> The reasons behind the Bitcoin price dropping below $26,000, but will the decline continue? https://londonlovesbusiness.com/the-reasons-behind-the-bitcoin-price-dropping-below-26000-but-will-the-decline-continue/ Tue, 05 Sep 2023 09:40:17 +0000 https://londonlovesbusiness.com/?p=141623 The price of Bitcoin reached $25,694.23 at the start of trading on Tuesday, marking a 1.19% loss over the past 24 hours, pushing it below the $26,000 level. This drop…

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]]> The dollar index and bond yields amid conflicting data, but do they point to a soft economic recession? https://londonlovesbusiness.com/the-dollar-index-and-bond-yields-amid-conflicting-data-but-do-they-point-to-a-soft-economic-recession/ Mon, 04 Sep 2023 11:48:03 +0000 https://londonlovesbusiness.com/?p=141454 The dollar index rose to a level of 104.25 from 103.65 last Friday and started trading on Monday at 104 points. Currency markets were volatile ahead of the U.S. Labor…

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]]> Cryptocurrency outlook: Elon Musk prepares a new market bombshell https://londonlovesbusiness.com/cryptocurrency-outlook-elon-musk-prepares-a-new-market-bombshell/ Fri, 01 Sep 2023 09:46:33 +0000 https://londonlovesbusiness.com/?p=141276 The prices of Bitcoin and Cryptocurrencies have experienced significant fluctuations over the past few months due to increasing economic and regulatory pressures. Traders are now gearing up for a seismic…

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]]> The Dollar index recovers some of its losses amid conflicting data https://londonlovesbusiness.com/the-dollar-index-recovers-some-of-its-losses-amid-conflicting-data/ Fri, 01 Sep 2023 05:22:56 +0000 https://londonlovesbusiness.com/?p=141258 The Wall Street Journal Dollar Index rose by 0.2%, and the U.S. Dollar Index (DXY) increased by 0.5% during Thursday’s trading session after relative calm in the markets throughout the…

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]]> How did the markets react to the news of the court supporting the Grayscale ETF fund? https://londonlovesbusiness.com/how-did-the-markets-react-to-the-news-of-the-court-supporting-the-grayscale-etf-fund/ Wed, 30 Aug 2023 09:32:42 +0000 https://londonlovesbusiness.com/?p=140991 It’s a different day for the cryptocurrency market as Bitcoin and most other Cryptocurrencies are experiencing a sharp increase in trading since yesterday. The price of Bitcoin started trading today,…

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]]> The future of oil prices: Implications of storm ‘Idalia’ and Chinese and Saudi economic movements https://londonlovesbusiness.com/the-future-of-oil-prices-implications-of-storm-idalia-and-chinese-and-saudi-economic-movements/ Tue, 29 Aug 2023 14:19:56 +0000 https://londonlovesbusiness.com/?p=140969 Crude oil prices are still under negative pressure for the second consecutive day as prices touch the 200-day simple moving average support at $79.50 per barrel during early European trading…

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]]> Cryptocurrency markets: How was Powell’s speech received in Jackson Hole? https://londonlovesbusiness.com/cryptocurrency-markets-how-was-powells-speech-received-in-jackson-hole/ Mon, 28 Aug 2023 10:21:15 +0000 https://londonlovesbusiness.com/?p=140868 The Cryptocurrency market is witnessing a downward trend on Monday, with Bitcoin and most major alternative currencies trading in the red zone. The current price of Bitcoin is at $25,948.50.…

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]]> Gold price expectations amid declining yields ahead of the Jackson Hole meeting https://londonlovesbusiness.com/gold-price-expectations-amid-declining-yields-ahead-of-the-jackson-hole-meeting/ Thu, 24 Aug 2023 09:01:49 +0000 https://londonlovesbusiness.com/?p=140691 The gold price continues to trade within a descending channel but has found support ahead of the $1875 level. Gold has been rising this week as yields recede. However, with…

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